China Trade- Highlight
20 Oct 2017
Shift of Global Supply Chain and Guangdong-Hong Kong Industrial Development (Conclusions and Recommendations)
The shift of the global supply chain has undoubtedly driven industrial growth in Asia. Following the development of regional division of labour, cooperation between local and foreign-invested enterprises in Asia is growing stronger. Different industries within the region have gradually established close ties between their upstream and downstream operations. This has stimulated the rapid expansion of intra-Asia trade.
HKTDC conducted a survey on the Chinese market for baby and child products. The survey results show that mainland parents spend RMB826 a month on baby and child food on average. When choosing baby and child food, 51% of respondents say nutrient content is the major consideration. Other considerations include food contains no additives (48%) and presence of supplemental nutrients that are good for children’s growth (45%).